Geocapco is committed to assisting government agencies interested in financing the acquisition of needed equipment or real property improvements. We work with government customers anywhere in the country. We also assist equipment vendors on a nationwide basis to fund sales of equipment to government agencies.

If your department is considering adding equipment, consider the advantages of installment purchase financing through Geocapco.

Lease/Purchase financing is designed to complement, not replace bond financing. Leases afford a government agency the opportunity to acquire equipment during the current fiscal year, instead of their having to wait until the next budgetary cycle. In addition, leases offer the following advantages:

 ·          100% financing to include delivery and installation costs.

 ·          Terms available up to ten years, sometimes longer (depending on the collateral).

 ·          Tax-exempt interest. Lease payments include principal and an interest portion. The IRS has determined that interest paid in this manner is exempt from federal and state income tax. This means the government can take advantage of lower finance costs.

 ·          No debt created. Lease payments are subject to annual appropriations, which mean that the obligation is not subject to statutory debt limitations. Since no debt is created, municipal leases do not require voter approval.

 ·          Budget enhancement. Leasing allows public agencies to acquire needed improvements now rather than wait until next FY or beyond.

 ·          Leveraged dollars. Leases may be designed to match finance terms to the expected useful life of the asset and spread the cost over a multi-year period.

 ·          Flexibility. Payments may begin upon installation or delayed until the next fiscal year. In addition, they may be made in monthly, quarterly, semi-annual or annual installments.

 ·          Equipment and Real Property financed through a tax-exempt lease may be funded into escrow to facilitate project financing or progress payment requirements.

 ·          Cost effective. Lease approval and documentation is very inexpensive to initiate.

 Geocapco has the resources to transact business in every State. We arrange financing for municipal Real and Personal Property leases from $20,000 to any amount.   Federal Government transactions usually begin around $30,000. Geocapco can help you take advantage of municipal and government leasing – Call 727-726-0772 now.